Title: Asia Pacific Waterproofing Membrane Market Update, Analysis, Forecast, 2019 – 2025
1 Asia Pacific Waterproofing Membrane Market
Analysis and Trends Report for 2019 - 2025
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2Global Market Scenario of Asia Pacific
Waterproofing Membrane Industry
- As per a research report by Global Market
Insights, Inc., Asia Pacific Waterproofing
Membrane Market is estimated to surpass 3.4
billion through 2025. - Asia Pacific waterproofing membrane market is set
to record momentous growth due to increasing
investments by regional governments in
infrastructure. Additionally, growth is also
likely to come from several ongoing technological
advancements in the regions construction sector. - With respect to the end-user segment,
thermoplastic polyolefins segment finds
applications in many kinds of roof decks. It can
be used in concrete, timber boards, profiled
metals, plywood, and cementitious screeds. Such a
wide range of applications may drive overall
market growth over the forecast timespan. - Thermoplastic polyolefins membranes are durable,
lightweight, flexible and resistant. These
characteristics allow them to adjust with
different kinds of roof shapes. These membranes
are environment-friendly and recyclable.
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3Continue-
- Along with roof decks, waterproofing membranes
are also important for wall protection,
especially as leaking basement and retaining
walls call for extensive and costly excavation
methods during repairs. Waterproofing membrane
can prevent walls from conditions of prolonged
dampness caused due to exposure to high moisture
situations. - Conditions like humidity and rainfall could
easily cause mold growth, severely damaging walls
that are not protected by waterproofing
membranes. Often, waterproofing membranes are
attached to a network of drainage panels. - These panels allow water to flow down to the
foundation thereby protecting basements from
seepage. The propensity of homeowners towards
avoiding costly repairs would likely drive demand
for waterproofing membranes in coming time.
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5360 Industry Analysis
- China and India would lead the industry expansion
in the region. Substantial infrastructure
development and growing rate of urbanization are
the key factors creating several opportunities
for market expansion. - Meanwhile, a mounting working population has
fueled a growing need for high strength and
durable public infrastructure. In order to meet
these infrastructure demands, airports,
industries, institutions and bridges need to be
highly durable. This is a major factor propelling
the waterproofing membrane industry growth in the
region. - Apart from China and India, Japan is also
projected to witness lucrative growth owing to
rising developments in its transportation,
commercial and industrial sectors. -
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6- Competitive Analysis
- All in all, attributing to rising infrastructure
development and a flourishing roofing services
sector, new opportunities are set to come towards
APAC waterproofing membrane market players. - Some of the prominent companies contributing to
the market share are Ardex, Sika AG, KCC
Corporation, Pidilite Industries, and Kangnam
Chemical Co. Pvt. Ltd. among others.
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7Latest Research Report On Asia Pacific
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